In an industry predicated on stability and predictability, new industries and technologies test industry tolerances and procedures. When loss occurs, policyholders in new or evolving industries often discover — by chance — gaps in the coverage offered by their legacy products, leading to costly disputes with their insurers.
3D Printing, Sharing Economy, and Other Emerging Industries
<b><i>Do You Have Adequate Coverage?</b></i><p>Most traditional or "legacy" insurance products fail to provide sufficient coverage for certain risk exposures vis-à-vis the 3D printing industry, just as they fail to adequately protect businesses in other emerging industries that, along with their concomitant risks, simply did not exist when the legacy insurance products covering them were formulated.
By
Michael S. Levine and 
Andrea L. DeField
Andrea L. DeField
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